Brief: GC Rieber Shipping Sells Shares In Shearwater Geoservices Holding

GC Rieber Shipping ASA

08/07/2021 07:08

July 8 (Reuters) - GC Rieber Shipping ASA  RISH.OL :
    * GC RIEBER SHIPPING: SALE OF SHARES IN SHEARWATER
GEOSERVICES
HOLDING AS
    * TO SELL SHARES IN SHEARWATER GEOSERVICES HOLDING  REDUCING
OWNERSHIP FROM 17.0% TO 8.5%
    * GROSS PROCEEDS FROM SALE WILL BE USD 50.5 MILLION
    * SOLD SHARES HAD BOOK VALUE OF USD 41.6 MILLION PER 31
MARCH 2021
    * WILL NOT HOLD RIGHTS IN SHAREHOLDER AGREEMENT AND
REMAINING
SHARES WILL BE BOOKED AS FINANCIAL ASSETS AT FAIR VALUE

Source text for Eikon:  ID:nWkr7dXM2p 
Further company coverage:  RISH.OL 

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